Case Studies

Perfect for accountants, tax advisers, surveyors and designers who wish to understand what qualifies in a variety of commercial real estate projects. FURASTAHUB can be used for testing existing claim assumptions, planning for new works and preparing claims to support final tax computations. 

 

It is a great way to access specialist knowledge, improve client service and even generate additional fees with our white labelling option.

 

Contact one of our experts today for more details.

Multi-Disciplinary Design Business

Understanding the potential tax savings in commercial construction projects helps design business secure £250,000+ in fees

A large multi-discipline business with a focus on high end commercial office fit-outs wanted to understand the potential tax savings of its designs when negotiating final budget cost plans with their taxpaying clients.

The firms cost consultants entered design budgets into the online capital allowances commercial office templates and reports were generated to demonstrate the qualifying constituent parts. As claims were typically 80%+ of total expenditure their own project fees and some of the enhanced design features were more than covered by the potential Year 1 tax saving.

Online Retailer

Effective knowledge sharing enhances existing team development and saves £10,000+ in external consultant costs

A leading online business had recently expanded and developed a new head office wanted an alternative approach to their capital allowances claim. It had people in its tax team who had prepared occasional capital allowances analysis before and rather than bring in outside resource they wanted to develop this knowledge and expertise.

The platforms in-built controls and system’s guidance enabled users to make informed judgements on what to claim and why.  Retaining control also allowed the team to maintain and build deeper relationships with colleagues in other parts of the business responsible for the actual project work.

Mid-Tier Accountancy Firm

New tax team wins and delivers capital allowances report for £28million hotel project retaining knowledge and £10,000+ fees

An accountancy firm in England had an informal arrangement with a boutique capital allowances specialist where they would refer larger or complex claims for completion.  The firm wanted to grow its tax practise and in doing so retain some of the work it would have previously outsourced.

The system enabled users to understand what was needed to prepare and optimise a capital allowances claim. All the available costs were entered and deficiencies were supplemented by a site survey and discussions with the construction team. Full support was provided and a fully branded ‘white label’ report was generated on completion.

Commercial Property Landlord

A major pub landlord benefits from £67,500 saving in project tax fees and securing £45 million+ reduction in future tax bills

The standardised project pub templates on the platform enabled information to be tracked and recorded consistently by multiple team members across locations. This saved significantly in traditional project analysis reports and these savings were passed onto the client in reduced tax fees.

The analysis and results were downloaded and used for negotiation in a wider statistically based sampling agreement with HM Revenue & Customs.  The business now benefits from both enhanced allowances and confidence in what claims it can make in future years.

FURASTAHUB is owned and operated by Furasta Consulting. All rights reserved. © 2020 (Terms & Conditions and Privacy Statement). For further details contact hello@furastaconsulting.com.

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